Ovako Bar AB | Detailed information

Ovako Bar AB - Detailed information

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Ovako Bar AB

Business ID:	556690-6102
Company:	Ovako Bar AB
	SE-777 80 Smedjebacken
Visiting address:	Industriområdet
County:	Dalarnas län
Telephone:	+46 (0)240-668000
Fax:	+46 (0)240-74362
Website:	www.ovako.com

Chairman of the board:	Jarmo Tonteri
Managing Director/CEO:	Kimmo Väkiparta

Established:

2005

Subsidiary company to:

Ovako Holdings AB

Stock-exchange listing:

Not listed

Rank in the Nordic countries (incl. subsidiaries) by

Net turnover

rank: 1118

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Net profit	rank: 1329
Number of employees	rank: 1510
Total assets	rank: 1875
Foreign sales	rank: 129

Industry sector:

B27

Manufacture of basic metals

Activity code:

27100

Manufacture of basic iron and steel and of ferro-alloys

Rank in industry in the Nordic countries by :

Net turnover

rank: 31

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Industry sector:	B27	Manufacture of basic metals
Rank in industry in the Nordic countries by:
Total assets		rank: 26
Foreign sales		rank: 10
Profitability		rank: 149
Solvency		rank: 376
Return on assets (ROA)		rank: 141
Return on equity (ROE)		rank: 82
Net profit		rank: 33
Number of employees		rank: 25

Closing information (x1000 EUR)
Fiscal year	200712	200612	200512
Net turnover	315.365	253.177	236.345
- exports
Foreign sales	226.913
Financial expenses	17.357	574	752
Earnings before taxes	25.476	35.259	25.930
Total assets	240.693	126.153	128.450
Current assets	127.245	89.426	87.801
Current liabilities	55.137	33.515	36.433
Equity capital	37.916	67.344	66.092
- share capital	11	1.119	1.119
Employees (average)	675	647	649
Shareholders
Investments in fixed assets

Financial ratios
Solvency	15.8%	53.4%	51.5%
Turnover per employee	467	391	364
Earnings as % of turnover	8.1%	13.9%	11.0%
Return on assets (ROA)	17.8%	28.4%	20.8%
Current ratio	230.8%	266.8%	241.0%
Return on equity (ROE)	67.2%	52.4%	39.2%

Closing figures are converted from local currency to euros according to the exchange rate on closing date. Source for the exchange rates: Sveriges Riksbank

The closing information is gathered directly from the companies or from UC (Sweden), CreditInform (Norway), KOB (Denmark) and Asiakastieto (Finland).

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